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Uncertainty is the new normal for farmers—and it's reshaping equipment decisions. Rising fuel costs, geopolitical tensions, and election unknowns are stacking up. Casey Seymour, Greg “Machinery Pete” Peterson and Clinton Griffiths dive into the ag equipment market.
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The ag equipment market is flashing a turning point, and if you buy, sell, or finance iron, this is the episode you need to hear. Casey Seymour says the combination of stronger commodity prices, rising auction values, and cautious optimism across farm country could make the next 90 days the cheapest window to buy for a long time.
Clinton Griffiths and Casey kick things off from the Moving Iron Summit in Louisville with a sharp read on where machinery demand is headed, why the auction market is often the canary in the coal mine, and why retail buying usually follows about six months later. Casey breaks down the timing he’s watching now, why end-of-year quoting activity is picking up, and how producers who already locked in inputs are starting to revisit equipment needs.
Then Michelle Rook joins to put the broader market picture into focus. She explains how harvest delays, soybean basis pushes, standability concerns in corn, and expensive drying are shaping the mood in the western Corn Belt. She also unpacks the diesel squeeze, the reality of 40-year-low distillate inventories, and why any export restriction would create a chain reaction across jet fuel, gasoline, and global supply. Add in the latest China trade truce extension, soft export demand for wheat, and the possibility of more winter wheat acres, and you get a picture of a market that is still moving in a dozen directions at once.
Finally, Marshall Seese, of Lahzo shows how AI sales agents are changing the dealership game. He explains how live website conversations beat static lead forms, how dealerships can capture higher-intent buyers after hours, and why integrating with inventory data makes the experience feel human instead of robotic. From matching shoppers to similar equipment when a dealer is out of stock to moving the conversation into SMS and Messenger, Marshall lays out a practical way to turn more website traffic into real sales.
Buckle up, its time to move some iron!
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The ag equipment market may be showing early signs of a turnaround as used equipment values begin to strengthen and manufacturers start bringing workers back to production facilities. Clinton Griffiths has conversations with Casey Seymour, Greg "Machinery Pete" Peterson, and Curt Blades of the Association of Equipment Manufacturers discussing what those trends could mean for farmers, dealers and the broader equipment industry.
The conversation covers high diesel prices, rising interest rates, tariff uncertainty, supply chain challenges and the importance of having a long-term equipment and parts strategy heading into harvest. With farmers operating tighter fleets and putting more hours on fewer machines, planning and equipment efficiency are becoming increasingly important.
Looking ahead, Blades discusses the potential for an equipment market recovery, changing crop acreage, growing productivity and the factors that could shape demand through 2027 and beyond.
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Clinton Griffiths joins Casey Seymour and Machinery Pete to break down the latest trends in the farm equipment market. Rising corn and soybean prices are creating renewed optimism, while tighter used equipment inventories and strong auction prices could push values higher through the end of the year. The team also discusses equipment financing, fuel costs, new vs. used buying decisions and why farmers should be proactive with their equipment plans.
Save your seat at the Moving Iron Summit, by dealers for dealers, Sept 23-25 in Louisville: https://bit.ly/4uG5lhf
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Corn and beans are moving, and the used equipment market is following fast. Machinery Pete Greg Peterson says auction prices have jumped to a new level, and the latest sales are setting records on everything from late-model John Deere tractors to classic iron farmers have loved for decades.
Casey and Greg break down what changed in the market, why low-hour equipment is suddenly commanding premium money, and how the latest grain outlook is feeding optimism across the auction space. From a record-setting John Deere 8235R and a red-hot 4730 sprayer to two of the highest 4440 sales Machinery Pete has ever tracked, this episode shows exactly where buyer demand is strongest right now.
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Good-condition used equipment is quietly getting more expensive, and this conversation explains why that matters right now. Casey Seymour and Machinery Pete break down the market signals that could push auction prices even higher before year-end, especially if corn and bean prices keep climbing.
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In this episode of Moving Iron, Casey Seymour is joined by Machinery Pete to break down the eye-opening auction results shaping today’s ag equipment market. From a low-hour John Deere 4840 bringing a record-setting $86,000 to a 4440 already bidding above previous highs, the conversation explores why older, simpler machines are commanding premium prices.The discussion goes beyond headline numbers and looks at the bigger market forces behind them: strong buyer demand, tight supply, the cost of new equipment, and the growing appeal of clean, well-kept used machinery. Casey and Greg also cover standout sales across the country, including a nearly new Kubota M6141, a Bobcat E50, and other late-model equipment bringing impressive auction results.If you want to understand what today’s auction prices are really saying about farmer sentiment, equipment demand, and where the market may be headed next, this is an episode you won’t want to miss.
Buckle up, its time to move some iron!
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In this episode of Moving Iron, Casey Seymour sits down with Machinery Pete to break down what’s driving the auction market as August rolls in and harvest season approaches. From record-setting prices on late-model combines to strong bids on well-kept tractors, trucks, and farm equipment, the conversation shows how condition and timing are shaping today’s used machinery market. Casey and Greg also dig into bidding strategy, in-person auction dynamics, and why top-quality used equipment continues to command attention as new equipment prices stay high. It’s a timely look at the trends farmers and auction buyers should be watching right now.
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In this episode of the Moving Iron Podcast, Casey Seymour and Greg "Machinery Pete" Peterson break down what's happening in today's equipment auction market. They discuss standout auction sales, how equipment values are shifting, and why economic uncertainty is changing the way farmers are buying and selling machinery. The conversation also looks at the growing trend of producers holding onto equipment longer, what that means for the future of machinery ownership, and why the market appears to be settling into a healthier balance.
Buckle up, its time to move some iron!
Save your seat at the Moving Iron Summit, by dealers for dealers, Sept 23-25 in Louisville: https://bit.ly/4uG5lhf
See omnystudio.com/listener for privacy information.
In this episode, Machinery Pete and Casey Seymour analyze current trends in agricultural equipment markets, focusing on used equipment prices, supply and demand dynamics, and the impact of commodity prices on equipment sales. They discuss how market conditions are shifting and what farmers and dealers should watch for in the coming months.
Save your seat at the Moving Iron Summit, by dealers for dealers, Sept 23-25 in Louisville: https://bit.ly/4uG5lhf
See omnystudio.com/listener for privacy information.
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